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SNC-Lavalin Continues to Advance Romanian Nuclear Refurbishment with $65 Million Contract
SNC-Lavalin Continues to Advance Romanian Nuclear Refurbishment with $65 Million Contract ...
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[{"type":"text","content":"\n \n \n \n SNC-Lavalin Continues to Advance Romanian Nuclear Refurbishment with $65 Million Contract\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n March 7, 2023\n \n \n /CNW/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has been selected by Nuclearelectrica S.A. (SNN), operator of the Cernavoda Nuclear Generating Station in\n \n Romania\n \n , to conduct further pre-project work for Cernavoda's Unit 1 CANDU\n \n ®\n \n reactor, ahead of its life-extension to support European energy security and\n \n Romania's\n \n Net Zero goals. The win builds on SNC-Lavalin's\n \n last pre-project mandate at Cernavoda announced in 2022\n \n .\n \n \n \n \n \n \n \n \n \n The two-year mandate, worth roughly\n \n $65 million\n \n , will see SNC-Lavalin perform long lead and front-end engineering services for the utility. This is in preparation for the upcoming Cernavoda Unit 1 Refurbishment project, which would see the reactor's operating life extended to 2060. The two CANDU units at the facility supply 20% of\n \n Romania's\n \n electricity, providing an emissions-free, low cost, energy-secure, and uninterrupted flow of power to Romanian consumers and businesses. The Romanian government and SNN have also\n \n signaled their intent to complete Units 3 and 4 at Cernavoda\n \n . Both would be reactor new-builds, designed to use CANDU technology. Cernavoda's long-term operation is central to helping\n \n Romania\n \n reach its goal of phasing out nearly 4 gigawatt hours of coal-fired power by 2032. CANDU reactors in\n \n Canada\n \n similarly allowed the province of\n \n Ontario\n \n to phase out coal from its power grid in 2014.\n \n \n \"Our longstanding work at Cernavoda is a leading example of how we operationalize our commitment to engineer a better future for our planet and its people,\" commented\n \n Ian L. Edwards\n \n , President and Chief Executive Officer, SNC-Lavalin. \"This life extension will provide many future generations of Romanians with energy security, cost-efficient...